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By buying Teck's coking coal business, Glencore will create a coal powerhouse ... but will be investing for safe and productive production, and then harvesting these assets for cash with ...
Glencore is reframing the debate on coal ... of the high-profile ASX names to seek protection under the new “safe harbour” rules coming out of the Covid-19 pandemic. This protects them ...
Glencore abandoned a plan to spin off its coal business after shareholders encouraged it to keep mining the fossil fuel, in the latest signal that the finance world’s sustainable-investing craze ...
Glencore’s recent decision, after consulting shareholders, to retain its coal assets is the latest ... today still lack access to energy. It is a safe assumption that most of these people ...
Glencore (OTC:GLCNF) has decided not to spin off its coal business. Following an acquisition of Teck's (NYSE:TECK) coal assets, most shareholders preferred maintaining the lucrative unit.
Glencore Plc will buy a majority stake in Teck Resources Ltd.’s coal business, ending a months-long saga that transfixed the mining industry and setting the stage for the commodity giant to exit ...
Several of Glencore Plc’s largest shareholders believe that the company should retain its coal assets, according to people familiar with the matter, throwing a proposed spinoff into doubt.
Glencore should keep its coal business even after it completes a deal to buy Teck Resources’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has long ...
leading to an increase in global coal production. Glencore, one of the world's largest coal producers, relies heavily on coal for its revenue, with coal production accounting for more than half of ...
LONDON (Reuters) -Glencore's deal to buy Teck Resources' steelmaking coal unit shows how cheap fossil ... but will be investing for safe and productive production, and then harvesting these ...
Glencore GLEN1.17%increase; green up pointing triangle abandoned a plan to spin off its coal business after shareholders encouraged it to keep mining the fossil fuel, in the latest signal that the ...